Settings8H · net · $10k
Funding arb · Price arb /

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h −0.058%
Price spread now: ApeX Omni against BloFin+0.293%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$720.716% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.460%−$46 on $10k
Price spread, last 3 days (all we have)−0.279%−$28 · spread now +0.293%, 7d avg +0.050%
Together, before fees−0.739%−$74 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and ApeX Omni is 0.243% dearer against BloFin than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.050%. Mind the row above: over the last 7 days funding on this pair cost −0.460%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EIGEN-USDT0.23890.0090pay 0.0045% / 4h1h 49m$345K$137K75x
ShortApeX Omni EIGENUSDT0.23960.0100get 0.0013% / 1h49m 13s$35K$236K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$2.13
Price spread: +0.293% → +0.050%
$24.35
Slippage, 4 orders
−$49.63
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$45.15
Costs to cover
0.716%
Break-even
155.3 days
Slippage from BloFin: live order book, 31 min ago; ApeX Omni: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 31 min ago4.15 bp13.9 bp −$1422.2 bp −$222doesn't fitdoesn't fit
Sell ApeX Omni live order book, 32 min ago8.28 bp25.1 bp −$25doesn't fitdoesn't fitdoesn't fit

EIGEN on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange EIGENUSD−0.0120%1h0.2390+0.042%$810$5K10xas long as short
Deribit EIGEN_USDC-PERPETUAL−0.0001%1h0.2391+0.088%$8610xas long as short
dYdX EIGEN-USD0.0000%1h0.2392+0.117%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+2.051%$6$65.5xas long as short
BloFin EIGEN-USDTlong+0.0090%4h0.2389long leg$345K$137K75x
Lighter EIGEN+0.0096%1h0.2395+0.239%$539K$430K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2391+0.084%$28K$17K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2394+0.209%$4.7M$1.5M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2390+0.047%$44K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2392+0.126%$8.1M$20.2M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EIGENUSDT+0.0100%4h0.2392+0.126%$9.6M$7.9M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2391+0.084%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2390+0.042%$716K$635K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.23890.000%$8.6M$2.2M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2391+0.084%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2390+0.042%$1.9M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2391+0.084%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2393+0.180%$200K$154Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2392+0.111%$184K$2.1M10xas long as short
ApeX Omni EIGENUSDTshort+0.0100%1h0.2396+0.293%$35K$236K50x
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2391+0.084%$2K$1K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2391+0.078%$90K$496K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2390+0.056%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0200%1h0.2402+0.553%$42K$160K50xas long as short
Reya EIGENRUSDPERP+0.0512%1h0.2391+0.081%$83515xas long as short
Kraken Futures PF_EIGENUSD+0.0686%1h0.2394+0.206%$173K$67K20xas long as short